Bitcoin in Silence

[Debonaire217]

I was criticized before about believing in bitcoin and its potential to become profitable as I do some work and browsing in some place where I usually work. By participating in this forum and trading using various exchanges, some of my colleagues, family, and friends ask me why I believe in a volatile currency that they consider a bubble, an investment that aims to fool people.

Taking all these criticism enables me to remain patient and continue investing and doing work such as bounties and campaigns. I realized, bitcoin do really is full of scam and frauds way back before when I haven't seen the beauty of it yet. I have joined many campaigns, lose more than 50 dollars in trading and investment but I didn't stop.

I was about to quit crypto and bitcoin after a big decline in 2018, as I can remember, the price is ranging from about $3000 - $3500 Where I bought almost all my savings prior when the price is more than $5000.

Lately, I realized that it was all my fault, I've entered this opportunity with a mindset of easy money. I've tried to watch youtube videos about trading and honestly, I have a bit of a hard time understanding tools and marget graphs. This is where I accepted the fact that it is not my faith, trading is for those who have much time, that is why I quit it, having a mindset that diversifying my investment in different time frame would be better. I buy bitcoin weekly, store it in the most safest wallet possible (hardware), and keep in mind that if we couldn't trade, finding another possible way to earn is the best way.

I sticked in campaigns (particularly weekly campaigns) and save as many bitcoin as possible. I wait patiently and I think $9k market price is quite profitable already.

So I help to pay bills in our home, buy necessary things I need, and support myself without the help of my parents. That is what other's saw in which I find an achievement. All criticism turns into opportunities that I am happy about as I've helped to induce market adoption in bitcoin.

so for us who thinks quitting upon criticism, doing bitcoin related stuffs in silence is what we need, rather than pushing people to believe as they will just resist and counter you back with bitcoin being scam and fraud.

I hope you learn something about my bitcoin experience. Thank you for reading.

[MURONDI]

trading is for those who have much time

that is not true, trading can be adjusted to your time, if you are a busy person and don't have much time you can choose long term trading, You can trade once a week or even once a month, even the day traders can still trade even if they don't have much time, I am sure, there are no traders who trade every second unless they use trading bots.

[Getmon]

And how do your critics feel now?

Do they still continue with their doubts over Bitcoin or they have already changed feathers and are now one of us?

Sometimes, these instances is also an opportunity for you to prove them wrong and enlightening them. Many people still need to be educated as to what Bitcoin truly is.

[Hustinog]

trading is for those who have much time

that is not true, trading can be adjusted to your time, if you are a busy person and don't have much time you can choose long term trading, You can trade once a week or even once a month, even the day traders can still trade even if they don't have much time, I am sure, there are no traders who trade every second unless they use trading bots.

I agree with your thoughts I also believe that trading is not just for those people who are not busy because if you trade then probably you might give extra time on it for you to be able to trade to its fullest right? Trading is just a matter of fact that you want to earn money so you are doing it, it is just going to work you need to give extra time on it for you to earn. There are long-term trading just like an investments that has a longtern in which you can trade once a week if you are really busy.

[Insanerman]

You don't need to worry so much about what other people think of you especially when you are dealing with a new technology that not everyone can benefit because they are too lazy enough to discover the opportunities that awaits them. You just cannot force people to have the same mindset as yours due to the ignorance of the advancement of the technology which can make a positive impact to each and everyone of us.

You also gotta be careful when you are talking about BTC when it reaches another all time high or an amount where everyone gets excited because you are making yourself prone to The $5 Wrench Attack.

Well I think you have done a good move especially when people are discouraging you, instead of being a crybaby in the cryptospace you help yourself to make a better change and prove to them that BTC is a junk investment that aims to fool people.

The sad truth is that the people whom you considered who will support you are the most often who will not believe in your vision. And most of time the people you do not personally know or did not expecting to offer some help are the ones who will believe in you first  

[Linkkoin]

trading is for those who have much time

that is not true, trading can be adjusted to your time, if you are a busy person and don't have much time you can choose long term trading, You can trade once a week or even once a month, even the day traders can still trade even if they don't have much time, I am sure, there are no traders who trade every second unless they use trading bots.

Even better - you can even trade manually literally 3-4 times per year if you sold/bought close to peak/bottom and make a few hundred percents of ROI within even a couple of months.

[Latviand]

trading is for those who have much time

that is not true, trading can be adjusted to your time, if you are a busy person and don't have much time you can choose long term trading, You can trade once a week or even once a month, even the day traders can still trade even if they don't have much time, I am sure, there are no traders who trade every second unless they use trading bots.

Even better - you can even trade manually literally 3-4 times per year if you sold/bought close to peak/bottom and make a few hundred percents of ROI within even a couple of months.

Maybe he is referring to being updated with the market value of a crypto. One investor could freely trade whenever he would want to, but, there are hours where market value are increasing which is a must not be missed, for small time traders. Also, in such way , a trader would be able to trade to the fullest, which also means that profit will be bigger than to just wait for the 'total' increase or period of increase just to earn profit.

[TravelMug]

Well there will always be critics, so you really need to be resilient and just quiet about your bitcoin or crypto investments. I have the same experience as yours, 2018, the f**k, the price is down to $3k, I wanted to quit. But I think long term, that's why I didn't listen from people around.

And the same people today are now asking about my bitcoin journey, and I will just say that it's been a 'so-so' journey and that's it, I keep silent and I don't tell what's going on with my investments.

[joniboini]

if you sold/bought close to peak/bottom and make a few hundred percents of ROI

If it was that easy, I believe lots of people are rich now.
Believing is good but you need to prepare for the worst. Crypto is still young and anything can happen. Don't do something stupid like finding a loan to buy Bitcoin when you can't even pay 1/10th of the loan on time.

[Finestream]

Just don't mind those critics, maybe they don't fully understand what is bitcoin so they are so negative with it.
It is said that bitcoin is risky, therefore only people who are risk takers are taking the risk by investing on it, and you are one of the risk takers.

Don't worry, you'll eventually make good profit in the long run as long as you continue to hold, we are still in the early stage so there's still a bigger room for improvement.

[Kemarit]

And how do your critics feel now?

Do they still continue with their doubts over Bitcoin or they have already changed feathers and are now one of us?

If they are truly a critics then I would understand that they can change their stance seeing that the price or adoption is growing. But if they are a complete hater, regardless of bitcoin going from $3,000-$100,000, they wouldn't understand a thing because they are going to be closed minded.

Sometimes, these instances is also an opportunity for you to prove them wrong and enlightening them. Many people still need to be educated as to what Bitcoin truly is.

For me, there's nothing to proved, Bitcoin has been with us for the last ten years, and we all know that it will continue for the next decade or so. Let them discover the benefits of having Bitcoin and let them discover the opportunity and benefit they can get from investing on it.

[samcrypto]

There’s a lot of doubt in bitcoin before and if you are here on the last decade I’m sure you experience this one. I just love the situation now where my critics becomes my friends and now starting to believe on bitcoin, the fun fact here is that, they are more active now compare to my crypto activities. I’m glad you didn’t bother to listen to them, I mean you didn’t stop believing on bitcoin and its blockchain technology.

[Asmonist]

It can never be where it is right now if it doesn't been useful as how we utilize it right now. Those critics are people who don't know or not open to learn about it. Its better to continue what we do in earning it in silence than wasting our time with those useless critics. If they do not accept the fact about earning bitcoin is real, then they'll just watch you getting richer each day.

[LogitechMouse]

I want to give my opinion in every part that you said because we are experiencing almost the same but.. yeah.

I was criticized before about believing in bitcoin and its potential to become profitable as I do some work and browsing in some place where I usually work. By participating in this forum and trading using various exchanges, some of my colleagues, family, and friends ask me why I believe in a volatile currency that they consider a bubble, an investment that aims to fool people.

Fuck those who are doesn't have the right to criticize what you are doing. I know we are living in the same country and I know how our countrymen thinks. "THEY HAVE AN EMPLOYEE MINDSET AND NOT AN INVESTOR MINDSET" and that is the reason why some or most of the people you know are criticizing you. Fuck them and don't even listen to them. If you know that you are doing the right thing then just continue it.

I sticked in campaigns (particularly weekly campaigns) and save as many bitcoin as possible. I wait patiently and I think $9k market price is quite profitable already.

When I saw that altcoin bounty campaigns isn't profitable for me anymore then that is the time that I decided to try my luck in Bitcoin paid campaigns and then when yolodice accepted me, I decided to just focus on this campaign and not on altcoins anymore. For one and a half year, I focused on my current signature campaign since I saw that I can earn more Bitcoin here. Thanks to yolodice, I have earned some money to be used to invest into other investments like stocks and bonds.

So I help to pay bills in our home, buy necessary things I need, and support myself without the help of my parents. That is what other's saw in which I find an achievement. All criticism turns into opportunities that I am happy about as I've helped to induce market adoption in bitcoin.

When I started joining altcoin bounties, I have earned enough to buy my own smartphone.
When I started joining Bitcoin paid signature campaign, I have earned enough to buy my own computer and traveled with my couple last year.
I also started to give some money for my sister who is now studying.

Take all of their criticism to an inspiration and just focus on what you are doing as long as you are happy with it. I don't share what I'm doing since nobody will understand it so it will be useless even I share it.

[Linkkoin]

if you sold/bought close to peak/bottom and make a few hundred percents of ROI

If it was that easy, I believe lots of people are rich now.
Believing is good but you need to prepare for the worst. Crypto is still young and anything can happen. Don't do something stupid like finding a loan to buy Bitcoin when you can't even pay 1/10th of the loan on time.

I agree with your opinion that we must be prepared with all the worst possibilities that can happen. My friend has experienced this bad thing, he invested quite a lot without thinking about bad possibilities. Than finally he lost quite a lot of eth when mid-2018

Well, many people first heard about cryptocurrencies during the last ATH for alts BTC and decided to take loans to buy them close to the peak. Greed blinded them.

[YuginKadoya]

Trading can be done even in a slight time that you got, there are two kinds of trading and that is night trading and day trading if you don't have time with a long and agonizing wait in long term trading the night trading you can sure try day trading the trading of short-term price fluctuation, we can surely try something one our own but we need to experience it first hand before you get used to trading there will come certain failures on the way but in my opinion, you can eventually navigate and get used to it over time.

[Yatsan]

Here's the thing, at the beginning, the moment we introduce an investment to someone, they will be strike by their conscience and their defense mechanism will be activated. I know in the Philippines, there is allot of questions particularly like the phrase "Are you open minded?" and if a person hears it, they will eventually know that we are about to introduce something big, or an investment where they need to release a bit of their fund, but sadly, it turns out that this type of marketing became an entry to a ponzi pyramid scam in which bitcoin has been incorporated for a long time.

I can say, the way we introduce things to people should be different, I like the last thing that you do, that since they aren't listening to OP, he decided to remain in silence and prove them their wrong by helping them in paying bills.

As a matter of fact, to attract people, we need to basically fit to their weakness in order for us to make them believe. Because in the first place, they also have negative history regarding investment.

[Pmalek]

I stopped paying attention to what people are saying about Bitcoin. I honestly don't care. I can see that some of my close friends who were skeptical at first are slowly changing their attitude. Nobody close to me is into Bitcoin so I used to get questions like 'how are you shares doing?' or 'how many Bitcoin shares do you have now'?
Those same people have been doing a bit of research and instead of calling Bitcoin a 'company' or 'shares' I am now getting questions like: How easy is it to mine bitcoin? and 'Why are people mining'?

I think it will take long time before Bitcoin can be considered a real opponent to traditional payment methods. We have scalability issues that need to be addressed, we have high transaction fees that happen during bull runs, long confirmation times, etc etc.

But in the words of The Great Kobe Bryant: We have to keep moving, one step at a time.
Rest In Peace!   

[moviebuff777]

I rarely tell anyone about my Bitcoin investments for a couple of reasons.

First of all, most people don’t understand Bitcoin and think it’s a Ponzi scheme so I don’t want to deal with explaining my reasoning for believing in it.

Secondly, if I convince people that it’s the real deal and they invest and the price drops, they will hate me for it.

Thirdly, I want to be careful about bragging about owning Bitcoin because the IRS may want to crack down on us. Don’t get me wrong, I am fine paying taxes on my profits.  I just don’t want an IRS audit.

[Sebas.tian]

Criticism had been my watch word, doing anything in life without criticism means your aren't doing something good and profitable. Just speaking from experience, several times last few years, I was confronted from my own house about Bitcoin: guess what? They have all turned to be cryptocurrency enthusiasts and have seen the future I couldn't see in Bitcoin.

The silence of Bitcoin to me; is the best silence to be giving to an ardent doubtful mindedness being. Presently, manya who stood against Bitcoin yesterday have turn to be preachers of the good gospel of Bitcoin, because its in silence mode. The silence mean a lot to those who believed in Bitcoin. Am happy to be the very first in the family to know about Bitcoin.